Originally Posted by
NEDude
People had predicting the demise of Air Berlin for about a decade. Predicting the demise of Air Berlin was about as insightful as correctly predicting the rise of the sun tomorrow morning.
Hmm. How long have people been predicting the demise of Norwegian? Same as Air Berlin.
On the other hand, I love how you buy into the idea that Norwegian somehow got an additional $30 million for leasing its 787. The problem, of course, is that Arctic Aviation Assets, the leasing company that Norwegian uses, is wholly owned by Norwegian. But sure, they've now got another $30 million in cash by doing a sale/leaseback to themselves on their new 787.
Or that other airlines are interested in buying Norwegian or WoW and continuing to operate them as a going concern.
The business model of TATL LCC has been proven to not work many times since Freddie Laker; Norwegian and WoW are just going to be the latest corpses. French Bee to soon follow.